by Teuvo Tuomi | Dec 7, 2023 | Cambodia, Business, News, Travel, Vietnam
Vietnam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing Vietnamese and Cambodian citizens to scan QR codes to make payments in each other’s country using their local currency. A press release from the National Bank of Cambodia...
by Teuvo Tuomi | Nov 29, 2023 | Vietnam, Business, Economy, News
The revised Law on Real Estate Trading was passed on Tuesday with over 94% of the vote and is expected to come into force on 1 January 2025. The law will allow Vietnamese nationals “who live abroad and have entry permits to the country” to do business in...
by Teuvo Tuomi | Nov 26, 2023 | Vietnam, News, Technology
Intel has confirmed its plans to expand investment in Vietnam. The move aims to enhance Intel’s existing 1.5 billion USD factory in the country. Ace Wilson, the chief financial officer of Intel Vietnam, said Vietnam continues to be a critical part of its global...
by Teuvo Tuomi | Nov 22, 2023 | ASEAN, Environment, Vietnam
Over the past two decades, hydropower dams on the Mekong Delta have restricted the flow of sand to the area. Sand mining to feed Vietnam’s construction boom is also fast depleting resources, according to a major WWF report published earlier this year. With less...
by Teuvo Tuomi | Nov 19, 2023 | Sports, Vietnam
VinaCapital Group suggested that Vietnam’s Comprehensive Strategic Partnership with the US could pave the way for Vietnam to host an Olympic Games within a decade or two. According to the World Bank, between 2008-2022, Vietnam witnessed an impressive 3.6-fold...
by Teuvo Tuomi | Nov 11, 2023 | ASEAN, Cambodia, Laos, Myanmar, Southeast Asia, Thailand, Travel, Vietnam
Thailand has set new fees for inspections and work permits for foreign workers from Laos, Cambodia, Myanmar, and Vietnam to promote legal employment. The new visa fee is 500 Thai baht or THB (14 USD), down from 2,000 THB ( 55 USD). The fee for applying for a temporary...